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High-cost projects

The Twentieth Meeting of the Executive Committee decided:

(a)  that projects in the consumption sector with a requested level of funding of more than US $5 million should be submitted to the Fund Secretariat in full, 12 weeks in advance of the Executive Committee meeting at which they were to be considered;

(b)  for projects other than umbrella projects:

      (i)   that the submitting agency should, if requested, provide additional information, such as detailed baseline information beyond that normally provided, plant layouts, description, justification and costing of all significant items;

      (ii)  that the analysis and review process could involve a joint visit, if warranted, by the Fund Secretariat’s reviewer and the relevant Implementing Agency.

(UNEP/OzL.Pro/ExCom/20/72, Decision 20/7, para. 18 (a, c).


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